In 2019, becoming a millionaire is easier than ever. The first step is to find or create a product or service. Next advertise the product or service on social media (Facebook, instagram, snapchat, tiktok, Pinterest, etc.). Once you find a market for you product or service, figure out a way to scale it. You can sell a product directly to customers online or provide a service for a monthly subscription fee. There are a myriad amount of ways people are earning money in 2019. Get ready for 2020 by setting goals and executing a plan.Read More
That’s because more than 1 in every 25 New Yorkers is a millionaire, according to a study released Tuesday.
The Big Apple ranks fourth in a listing of the top 20 global cities based on the portion of their populations whose net worth, excluding primary residence, tops $1 million.
Altogether, 4.63% of New Yorkers, or 389,100 people, are millionaires, according to the analysis by Spear’s magazine and consulting firm WealthInsight.
“New York has long been the bastion of wealth not only in America, but the world,” said Oliver Williams, an analyst at WealthInsight. “It has the second largest millionaire and largest billionaire population of any global city.”
Monaco, Zurich and Geneva claimed the first three spots. Nearly 3 in 10 people in Monaco are millionaires.
Houston at No. 18 and San Francisco at No. 19 were the only other U.S. cities to make the list. In each city, a bit more than 2% of residents are millionaires.
Not surprisingly, most of the highest-ranked cities are banking and financial centers, including Frankfurt (No. 5) and London (No. 6).
You might not know who Arjan Roskam is, but you’ve probably smoked his weed. Arjan’s been breeding some of the most famous marijuana strains in the world—like White Widow, Super Silver Haze, and many others—for over 20 years.
In 1992 he opened his first coffee shop in Amsterdam and has since crafted his marijuana-breeding skills into a market-savvy empire known as Green House Seed Company, which rakes in millions of dollars a year.
Self made millionaire Farrah Gray discusses unity in the black community.
15-year-old Madison Robinson or “Maddie” from Galveston, Texas is on track to make a serious profit in the clothing industry.
Robinson’s company, Fish Flops, makes apparel for children and it all began with her designs for flip flops which she’s been thinking up herself since coming up with the idea in 2006. Most recently, pitching her wares to retailers, her company has signed a deal with both Macy’s and Nordstrom .
The shoes go for about $25 a pair and Robinson has sold more than 60,000, according to a report.